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Latest On Jurickson Profar’s Market

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Jurickson Profar is the top unsigned position player, with the switch-hitter still lingering on the open market after opting out of his deal with the Padres. Even with Spring Training a few weeks out, there isn’t much clarity on his likely landing spot.

The Rangers, Marlins, Red Sox, Astros, Rockies and Yankees have all been loosely tied to him at points this offseason. Houston and Boston have made other significant left field acquisitions (Michael Brantley and Masataka Yoshida, respectively). Colorado’s reported interest was fairly quickly downplayed, while Miami has since moved Jazz Chisholm Jr. into center field — thereby pushing players like Bryan De La Cruz and Jesús Sánchez into the left field conversation.

While the Yankees still have a questionable left field mix, it doesn’t appear they’re planning to further push payroll. Jon Heyman of the New York Post reported last week the club doesn’t want to exceed the fourth and final luxury-tax barrier, set at $293MM for the 2023 season. That’d leave them with essentially no breathing room unless they shed some money in a trade. Even in that instance, pivoting back to Profar might not be in the cards. Brendan Kuty of the Athletic wrote this morning the team has been deterred by Profar’s asking price. General manager Brian Cashman indicated on MLB Network Radio on SiriusXM over the weekend that Aaron Hicks was likely to get the first crack in left field (h/t to Bryan Hoch of MLB.com).

Ken Rosenthal of the Athletic, meanwhile, reported yesterday the Orioles have been involved in the Profar market. The asking price might prove too rich for Baltimore’s taste as well, as Rosenthal adds the front office isn’t particularly bullish on their chances of getting a deal done.

Profar would be a curious fit for the Orioles even before considering the financial implications. While he began his career as a middle infielder, he rated poorly as a defender. That was largely due to throwing accuracy issues, which peaked in 2019 when he committed 11 throwing errors from second base as a member of the Athletics. Since that year, he’s primarily been limited to corner outfield work. Profar picked up sporadic action on the right side of the infield in 2020-21 and didn’t play anywhere other than left field last year.

It’s likely most clubs wouldn’t view him as more than an emergency option anywhere outside the corner outfield. Baltimore doesn’t have a path to at-bats in either left or right field at the moment. Austin Hays and Anthony Santander make for a capable tandem. Santander has more power than Profar does. Hays and Profar have produced at similar levels the last couple seasons, so it’s not likely Baltimore views the free agent as a significant upgrade.

That said, a run at Profar could have freed the O’s up to deal one of their in-house outfielders. General manager Mike Elias noted last week the team is still looking for ways to bolster the rotation, and Rosenthal writes they’re considering trade possibilities for starting pitching. Hays or Santander could appeal to a club that’s willing to market a back-end starter in search of an immediate outfield upgrade — speculatively speaking, the Brewers and Rangers could fit the mold — but a trade would leave the O’s to lean heavily on rookie Kyle Stowers unless they subsequently add experienced outfield help.

While it’s difficult to find a perfect landing spot for Profar, he’s a decent everyday left fielder. A switch-hitter with quality contact skills and a patient approach, he’s hit at an above-average level in two of the past three years. Profar was a lineup staple last season in San Diego, appearing in 152 games and tallying 658 plate appearances. He hit .243/.331/.391 with 15 home runs and 36 doubles. That production checked in 10 percentage points above league average, by measure of wRC+, once one accounts for the league-wide drop in power and the pitcher-friendly nature of Petco Park.

Profar is still just 30 years old and has a case for a multi-year deal on the heels of that solid season. That was surely his expectation when he forewent the final $6.5MM on his contract with the Friars at the start of the offseason. He should still be able to top that, though his lengthy stay on the open market would seem to suggest he hasn’t found the level of interest his camp was anticipating. Michael Conforto and Trey Mancini each secured opt-out clauses on two-year guarantees this offseason, and it wouldn’t be a surprise to see Profar do the same once he finally agrees to terms. Topping the $14MM guaranteed to Mancini — who’s a year older and coming off a lesser offensive showing — should be attainable.

The Rangers, where Profar began his career after rating as a top prospect, still need to upgrade in left field via free agency or trade. The Padres could circle back given the front office’s longstanding affinity for the outfielder, though they might be nearing their spending limit. That’s also true of the Braves and Dodgers, two contenders who have room for left field upgrades on paper. A retooling club like the Royals or Tigers could eye Profar as a deadline trade candidate. That’d likely only be appealing if he doesn’t secure an opt-out possibility, which would otherwise significantly reduce his trade appeal. If Profar lingers on the market much longer, it’s possible that inevitable injuries around the league early in spring training could create a new opportunity or two, although his preference is surely to be signed by the time camps begin to open.

Latest On Market For Left-Handed Relievers

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With less than three weeks to go until pitchers and catchers report to Spring Training, most of the top free agents have already signed with clubs for the upcoming season. One segment of the market that’s been strangely quiet, however, is left-handed relief. Andrew Chafin, Matt Moore and Zack Britton are some of the noteworthy southpaws still unattached, but Ken Rosenthal of The Athletic reports that the Rangers, Angels, Astros, Yankees, Red Sox, Blue Jays, Brewers, Cardinals, Cubs and Mets are interested in their services.

Those three relievers bring varying levels of appeal to the interested clubs. Britton, 35, was arguably the best reliever in the league for an extended stretch though he entered free agency on a down note after a couple of seasons lost to injury. Moore, 34 in June, is in effectively the opposite position of Britton, as he has a lengthy track record of disappointing results but hit the open market on the upswing. Chafin, 33 in June, has been fairly consistent in recent years, apart from a small-sample blip in the shortened 2020 season.

Britton posted an incredible 1.84 ERA over a seven-year stretch from 2014 to 2020, thanks to a bowling ball sinker that bordered on unhittable. He got grounders on a ludicrous 76.2% of balls in play over that time, almost double a typical league average of about 43%. He was limited to just 18 1/3 innings in 2021 before requiring surgery to remove bone chips in his elbow. During that procedure, it was determined that he would also need Tommy John surgery, which put him out of action until late in 2022. He did make it back to the hill last year but his velocity was down and his control was all over the place. He finished the season on the injured list for shoulder fatigue. He would be a risky acquisition at this point given his uncertain health but he recently held a showcase for clubs and will surely entice one of them to take a gamble based on his previous excellence.

Moore was once one of the top prospects in the game and seemed like a rotation building block for the Rays a decade ago. However, Tommy John surgery in 2014 put him out of action for an extended stretch and he struggled once back on the mound. He bounced around to various different clubs for years, including a stint in Japan, but never really got things back on track. But a full-time move to the bullpen last year has seemingly given him a second act, as he posted a 1.95 ERA over 74 innings for the Rangers. His 12.5% walk rate was certainly concerning, but he also struck out 27.3% of batters faced and got grounders at a healthy 43.9% clip.

Chafin has posted a 3.05 ERA from 2017 to the present, even with his rough 2020 campaign. He’s been even better recently, with a 2.29 ERA over the past couple of seasons, striking out 25.7% of batters faced, walking just 7.5% of them and keeping the ball on the ground at a 47.9% clip.

All three pitchers will surely interest clubs to some degree but Rosenthal hears from one executive that the Matt Strahm signing has slowed things down. The Phillies signed him to a two-year, $15MM deal back in December, despite a somewhat shaky track record. He got some good results in his first few seasons, working mostly in relief but with the occasional start. He had an unusual season with the Padres in 2019 as he attempted to become a starter. He made 16 starts that year but posted a 5.29 ERA in that role against a 3.27 mark in 30 relief appearances. Back in the bullpen in 2020, he registered a 2.61 ERA in the shortened season but only got into six games in 2021 due to various injuries. He bounced back with the Red Sox in 2022 with a 3.83 ERA, 26.9% strikeout rate, 8.8% walk rate and 36.8% ground ball rate. Each of Moore and Chafin are coming off a stronger 2022 season than Strahm while Britton has a more impressive career overall. Strahm is younger than the rest of them but not by too much, having recently turned 31. Perhaps the free agents are trying to match or top the $15MM guarantee that Strahm secured and has yet to convince a team to pull the trigger on that.

Despite lingering on the market, it doesn’t seem like there’s any shortage of interest. Just about any team with designs on contending could fit another arm into their bullpen and it seems like they’re all keeping tabs here. The Rangers’ southpaw contingent took a blow recently as Brett Martin required shoulder surgery and will likely miss most of the upcoming campaign. They still have Brock Burke, Taylor Hearn and John King in the mix but it wouldn’t hurt to bolster that group. The Angels have Aaron Loup and José Quijada lined up as their primary southpaw relievers but Loup is now 35 and Quijada has control issues. The Astros are a fairly logical fit since their only lefty relievers on the 40-man are Blake Taylor and Parker Mushinski, both of whom have fairly limited track records.

The Red Sox have Joely Rodríguez as their only obvious southpaw reliever, though Chris Sale or James Paxton could move from the rotation at some point since they have each hardly pitched in the past three years. Their various injuries have severely limited their innings recently and they might struggle to handle a starter’s workload for a full season. The Jays have Tim Mayza and Matt Gage as left-handed options in their relief corps, though Yusei Kikuchi spent some time there last year after getting bumped from the rotation, a situation that could play out again this year.

The Brewers have Hoby Milner as their most straightforward lefty reliever, though Wade Miley and Aason Ashby could spend some time there if they get nudged out of a crowded rotation. The Cardinals have Genesis Cabrera slated to be the go-to guy but their other choices are optionable and have limited experience, including Packy Naughton, JoJo Romero and Zack Thompson. The Cubs make a lot of sense for adding a lefty reliever, as they currently only have Brandon Hughes on the 40, who could be in line for a closer’s role as opposed to a situational lefty job.

The Yankees recently let Lucas Luetge go, designating him for assignment and flipping him to Atlanta. That has left Wandy Peralta as the club’s only option from the left side in their bullpen. Adding even a modest contract to their books might be an issue, however, as they are reportedly concerned about crossing the final tier of the competitive balance tax. Roster Resource currently pegs their CBT figure at $292.3MM, just a hair under the final line of $293MM. Making any external addition without making up that difference will be a challenge. Trading the contract of someone like Josh Donaldson or Aaron Hicks would give them some more breathing room but the Yanks haven’t been able to find a deal so far.

The interest of the Mets might be complicated as well, as Rosenthal reports that they are hesitant to add another out-of-options pitcher to the mix and reduce their roster flexibility. All players with more than five years of service time cannot be optioned without their consent, meaning that all of these veterans are in that category. None of Edwin Díaz, Adam Ottavino, David Robertson or Brooks Raley can be optioned to the minors either.

For clubs that miss out on Chafin, Britton and Moore, some of the other lefties still available include Will Smith, Brad Hand and Justin Wilson.

Looking At The Yankees’ Rotation Depth

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Up until a couple of weeks ago, the Yankees seemed to have an extremely strong group of five starting pitchers. With Gerrit Cole, Carlos Rodon, Luis Severino, Nestor Cortes and Frankie Montas penciled in, the club had arguably the best rotation in the entire league. Unfortunately, the shoulder issues that plagued Montas last year are still lingering and he is going to miss the first month of the season. They still have an excellent front four but will now have to rely on their depth to start the season. Even if Montas is able to return to health and looks like his old self by May, it’s possible that one of the other four will need a breather and there will be continued opportunities for other pitchers. Teams almost never make it through an entire season using just five or six starters, meaning depth is always important.

Who does the club have on hand that could step up to fill in for Montas or any other injury? Let’s take a look at the options.

Domingo Germán

Germán, 30, is probably the most obvious and straightforward solution. He seemed to establish himself as part of the club’s future rotation in 2019 when he tossed 143 innings with a 4.03 ERA, 27.2% strikeout rate, 8.8% walk rate and 38.1% ground ball rate. But in September of that year, he was placed on administrative leave while the league investigated him for domestic violence. He ultimately received an 81-game suspension and flirted with retirement while serving it but ultimately returned.

In 2021, he was able to toss 98 1/3 innings over 18 starts and four relief appearances. He posted a 4.58 ERA while striking out 23.9% of opponents. Last year, shoulder problems sent him to the 60-day injured list in March and he wasn’t reinstated until July. He ultimately made 14 starts and one relief appearance, posting a 3.61 ERA in 72 1/3 innings. His strikeout rate dipped to just 19.5% and opponents hit just .262 on balls in play. That latter number is well below league average but not far off from his career mark of .272. It’s possible that he just has a knack for limiting damage but Statcast data doesn’t support that. He was in the 26th percentile last year in terms of hard hit rate and 25th in average exit velocity, though he was in the 57th for barrel rate. It’s possible that he would struggle to maintain an ERA under 4.00 but he avoids walks and would still be much better than the fifth/sixth starter on most teams.

Clarke Schmidt

Schmidt, 27 next month, was a first round pick of the Yanks in 2017. He pitched well as he moved up the minor league ladder and was considered one of the top 100 prospects in the league by Baseball America in 2020 and 2021. He’s had some brief time in the majors but his overall workload hasn’t been huge over the past couple of years. With the minors being canceled by the pandemic in 2020, he was limited to just 6 1/3 innings of official action in the majors. In 2021, an elbow strain kept him out of action for a while and he was only able to log another 6 1/3 in the bigs along with 38 minor league innings. Last year, he was frequently optioned and recalled, throwing 57 2/3 frames in the majors along with 33 in Triple-A, combining for 90 2/3 on the season.

When healthy enough to take the mound, he’s produced pretty solid results. His 70 1/3 innings at the MLB level have resulted in a 3.71 ERA, 22.5% strikeout rate, 10.7% walk rate and 44.6% ground ball rate. His minor league work has been even better, as he’s posted a 2.71 ERA over 71 innings in the past two years. He struck out out 31% of batters faced and walked 7.1% of them while getting ground balls on about half of balls in play. There are some things to like here but he still has an option whereas Germán doesn’t. Given that fact and his workload concerns, he might get nudged to Triple-A until a need arises.

Deivi García

García, 24 in May, flashed some potential in 2020 when he made six starts with a 4.98 ERA. That number might not jump out, but he was only 21 years old at the time, perhaps pointing to an enticing future with continued development. Unfortunately, that hasn’t come to fruition. In the two subsequent years, he’s only made a couple of big league starts while registering a 6.87 ERA in 154 2/3 minor league innings. He’s still young but he’s now out of options. Given his poor results in recent years, he could be given a long relief role in the bullpen or else designated for assignment.

Luis Gil

Gil, 25 in June, has a 3.78 ERA through his first seven MLB starts but he’s not going to be available for a while. He underwent Tommy John in May of last year and won’t be a realistic candidate until midseason at the earliest. Like García, he’s now out of options and will need to either crack the active roster or else be designated for assignment. He’ll be able to pitch in the minors as part of a rehab assignment once healthy, but it will be decision time once the 30-day rehab period is up.

Randy Vasquez

Vazquez, 24, has spent his entire career with the Yanks thus far, signing with them as an international free agent in 2018. He’s since moved his way up and spent all of last year in Double-A. He made 25 starts at that level, tossing 115 1/3 innings with a 3.90 ERA. He struck out 24.2% of batters faced while walking 8.3% and getting grounders at a 48.3% clip. He was added to the club’s roster in November to prevent him from being selected in the Rule 5 draft. He’s currently considered the club’s #9 prospect at Baseball America but has yet to pitch at the Triple-A level.

Matt Krook

Krook, 28, is a left-hander that was drafted by the Giants but went to the Rays in the Evan Longoria deal. The Yankees grabbed him in the minor league portion of the 2020 Rule 5 draft. He’s since posted some solid results in the upper minors, though the control hasn’t been pinpoint. He spent last year at Triple-A, making 22 starts and seven relief appearances with a 4.09 ERA over 138 2/3 innings. He walked 12.1% of batters faced but struck out 25.7% and got grounders at a 55.7% clip. That was enough for the Yanks to add him to the roster at season’s end to prevent him from reaching minor league free agency.

Jhony Brito

Brito, 25 next month, has spent his entire career in the Yankees’ organization, having been signed by them as an international amateur out of the Dominican Republic. He split last year between Double-A and Triple-A, tossing 112 2/3 innings over 23 starts and three relief appearances. He only struck out 20% of batters faced but kept his walks down to a 7.7% level and got grounders on about half the balls he allowed into play. Like Krook, he was added to the club’s 40-man at the end of the season to prevent him from reaching minor league free agency.

Yoendrys Gomez

Gomez, 23, was an international signee out of Venezuela, agreeing with the Yankees in 2016. He earned his way onto prospect lists over the next few years and got a spot on the 40-man in November of 2020 to protect him from Rule 5 selection. Unfortunately, injuries have limited him over the past couple of seasons. In 2021, he dealt with a shoulder issue and contracted COVID-19, ultimately only making nine starts on the year at Class-A. In 2022, he spent time at various levels and finished the year at Double-A, but was only able to log 47 innings on the year. The results were good, as he posted a 2.49 ERA while striking out 25.7% of batters faced, but it will be hard for him to carry a huge workload after pitching very little in recent years.

Clayton Beeter/Sean Boyle/Mitch Spence/Tanner Tully

None of this group are currently on the 40-man roster, meaning they will face longer odds of contributing this year, though they could always force the club into making room. Beeter is arguably the most exciting of the bunch. Selected 66th overall by the Dodgers in 2020, he was ranked that club’s #12 prospect by Baseball America going into 2022. That was after a 2021 season that saw him post a 3.44 ERA between High-A and Double-A while striking out 36.6% of batters faced. In 2022, his ERA jumped to 5.75 as he walked 14.3% of batters faced, but he was then flipped to the Yankees in the Joey Gallo trade. After the deal, he got his walks down to 10.6% and his ERA to 2.13. He struck out an incredible 37.1% of batters faced on the year between the two teams but only threw 77 innings.

External Addition

If the Yankees feel these depth options aren’t enough, they could always look outside the organization for help. The free agent market still features guys like Michael Wacha, Dylan Bundy and Zack Greinke. In terms of trades, it’s possible the Mariners might be willing to move Marco Gonzales or Chris Flexen. The Brewers are suddenly loaded in rotation options and could theoretically do without Adrian Houser. However, all of those paths come with a complication for the Yankees, who are reportedly leery about crossing the final tier of the competitive balance tax. Roster Resource currently pegs their CBT figure at $292.3MM, just a hair under the final line of $293MM. Making any external addition without making up that difference will be a challenge. Trading the contract of someone like Josh Donaldson or Aaron Hicks would give them some more breathing room but the Yanks haven’t been able to find a deal so far.

Brian Cashman Discusses Yankees’ Injuries, Offseason

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Yankees GM Brian Cashman was a guest on the latest edition of The Front Office with Jim Bowden and Jim Duquette on MLB Network Radio on SiriusXM, and discussed a number of topics related to the Bronx Bombers’ offseason.  Perhaps most notably, some more moves could still potentially take place, as Cashman said the team would still like to add a left-handed hitting outfielder “to balance us out” in the left field mix.

While the Yankees have a noticeably right-handed heavy roster, left field is actually one of the only positions that already has some balance, between switch-hitters Aaron Hicks and Oswaldo Cabrera, plus the left-handed hitting Estevan Florial.  However, New York might prefer to move Cabrera all around the diamond rather than commit him to a fuller-time role in left field, Florial is still an untested commodity at the MLB level, and rumors continue to swirl that the Yankees are trying to trade Hicks and at least some of the $30.5MM remaining on his contract.

Cashman cited the Hicks/Cabrera/Florial trio as the team’s “default” for left field in lieu of any other moves, and noted that the Yankees are intrigued by what they see from their in-house options.  Cashman said that Hicks “is fully recovered now” from the knee injury suffered in Game 5 of the ALDS, which kept Hicks from participating in the ALCS against the Astros.

In other health news, Cashman shared some details on Frankie Montas, following last week’s news that shoulder inflammation would keep Montas sidelined through the first month of the season.  Montas is only set to begin his normal offseason throwing program this coming week, and thus he’ll need more time to fully ramp up.  The right-hander visited Dr. Neal ElAttrache two weeks ago, Cashman said, and the silver lining is that Montas’ shoulder problem doesn’t appear to be structural.  “All the diagnostic testing shows a thumbs up….and we’ll know a lot more as the throwing program commences,” Cashman said.

With Montas now sidelined for at least part of the season, the Bombers’ acquisition of Carlos Rodon has become even more important, as the starting staff might not miss a beat with Rodon joining Gerrit Cole and Nestor Cortes at the front end of the rotation.  Cashman revealed that the Yankees first tried to acquire Rodon from the Giants prior to the trade deadline, and though the club “had our conversations with San Francisco” about a possible deal, the Giants opted to keep Rodon because they felt they still had a shot at both reaching the playoffs and re-signing the left-hander this winter.

As it happened, the Giants finished 81-81 and missed the postseason, and Rodon departed for the Bronx on a six-year, $162MM contract.  Even with the Yankees focused on Aaron Judge, Cashman said the team “stayed in touch with [agent] Scott Boras and Rodon,” and the GM felt the Yankees were helped because “I know that this is the place [Rodon] wanted to be.”

Rodon’s interest in wearing the pinstripes was a boost to a club whose entire offseason was more or less put on hold while Judge made his decision.  Even amidst the fast-moving nature of this winter’s free agent market, “thankfully there were things on the board still after [Judge re-signed], since we weren’t sure what was going to be in play,” Cashman noted.  Once Judge had officially agreed to return to New York, “ultimately we were able to pivot” to also land Rodon.

There was certainly some risk involved in the process of making such a priority of Judge, as “certainly no team wants that scenario where you put all your eggs in that basket and then the basket comes up with goose eggs,” Cashman said.  Still, the front office had little choice but to wait for Judge’s decision, especially since the AL MVP and his camp gave seemingly little information about which way he was leaning, despite Judge’s public declaration that he preferred to remain with the Yankees.

“I felt like for a long time we were flying blind,” Cashman said.  “Normally you kind of get a feel for where things are at, and if you can come to the right number, or you get the numbers whispered….My speculative thought on [Judge’s] end was that he earned the right to free agency and he was going to go through that process in a very methodical, deliberate way.”

“In terms of negotiation, that waiting game….at times, it was difficult.”

Fortunately for Cashman, the Yankees, and the Bronx fans, Judge chose to re-sign for a nine-year, $360MM deal, and he’ll remain as the centerpiece of New York’s lineup.  In terms of another returning face, “hopefully we have pure health on DJ LeMahieu’s side,” Cashman noted, “since he was a huge part that we lost last year, really the last two years with two separate injuries.”

A sports hernia kept LeMahieu from participating in the 2021 postseason, while a ligament issue in his right foot/toe area sidelined him for last year’s playoffs.  It wasn’t entirely clear whether or not LeMahieu would ultimately need surgery to correct the problem, and while Cashman didn’t firmly provide an update on the infielder’s status one way or the other, the lack of news could be a good omen that LeMahieu’s efforts to rehab the injury without surgery are working.

If LeMahieu is healthy, Cashman described his role as an infielder who can play every day while bouncing around the infield, playing first base, second base, and third base.  Breaking down the starting infield, Cashman cited Anthony Rizzo at first base, Gleyber Torres at second base, Josh Donaldson at third base, and Isiah Kiner-Falefa competing with star prospects Oswald Peraza and Anthony Volpe for the shortstop job.  Naturally there still might be some flux in this plan, depending on LeMahieu’s health and the fact that Donaldson is also reportedly a player the Yankees are trying to unload in order to save some payroll space.

Matt Bowman Rejoins Yankees On Minors Contract

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Matt Bowman is returning to the Yankees on a minor league contract for 2023, per his MLB.com transactions log.

And maybe he’ll finally actually be able to pitch for them at some level following numerous stops and starts related to an elbow injury that was repaired via Tommy John surgery back in September 2020. The 31-year-old right-hander hasn’t appeared in any MLB-affiliated games since 2019, when he had a solid run as a member of the Reds’ bullpen.

Originally drafted by the Mets in 2012, Bowman made his MLB debut with the Cardinals in 2016 and holds a career 4.02 ERA with 149 strikeouts in 181 1/3 big league innings. When healthy, he can be an effective soft-contact-inducing reliever courtesy of an arsenal that tends to generate a lot of vertical and horizontal movement. During that 2019 stint with Cincinnati, Bowman held opposing hitters to a .212 batting average and .622 OPS with runners in scoring position. His career groundball rate sits at 56.6 percent.

He is probably going to be ticketed for Triple-A Scranton/Wilkes-Barre out of Yankees camp, but Bowman can put himself in position for an in-season callup to the Bronx if his health simply cooperates.

Yankees Reportedly Reluctant To Surpass Fourth Luxury Tax Tier

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The Yankees have had an aggressive offseason, retaining Aaron Judge on a record free agent deal while bringing in Carlos Rodón on a six-year contract. Those additions, plus a new two-year deal for Anthony Rizzo, accomplished most of the club’s heavy lifting.

It also positioned the organization to top last year’s franchise-record spending level. New York has roughly $272MM in player payroll commitments, per Roster Resource, handily above last year’s $254.7MM figure. The club’s luxury tax number is right up against the $293MM line that marks the highest tier of CBT penalization. Roster Resource projects the organization at $292.3MM at present.

That latter number seems particularly important to the organization. Jon Heyman of the New York Post reports the Yankees don’t want to exceed the $293MM threshold. Considering where their payroll stands, rigidly sticking to that goal would rule out any other notable addition unless the club finds a way to shed some money.

The Yankee roster looks strong, with Rodón replacing Jameson Taillon in the rotation for a team that won 99 regular season games and made it to the AL Championship Series. Left field seems their biggest question mark, as last summer’s deadline acquisition Andrew Benintendi departed on a five-year free agent deal with the White Sox. The Yankees currently have veteran Aaron Hicks and youngster Oswaldo Cabrera as their top left field options. Hicks has posted below-average offensive numbers for the past two seasons. Cabrera showed well as a rookie but has only 44 games of MLB experience under his belt.

Heyman reiterates the Yankees’ previously reported interest in free agent left fielder Jurickson Profar but casts doubt on their chances of actually landing him in light of the club’s payroll stance. Heyman reports that veteran utilityman Josh Harrison is also of interest — presumably as a depth infield target who could also factor into the left field mix — but even a low base salary for Harrison would figure to push them past the $293MM CBT mark.

The fourth tax tier was introduced during the most recent round of collective bargaining. Set $60MM above the season’s base figure ($233MM this year), it involves at least an 80% tax on every dollar spent past the fourth tier. Teams paying the luxury tax for a second consecutive year — as the Yankees will be — are taxed at a 90% clip on additional expenditures.

One can argue whether it’s prudent for the Yankees to treat the $293MM figure as a strict cutoff as they look to repeat as division winners in another competitive AL East. As thing stand, the club is set to pay around $29MM in CBT fees. They’re already slated to see their top selection in the 2024 draft moved back ten spots for surpassing the $273MM mark. There’d be no additional draft penalties for surpassing the fourth threshold, though the financial disincentives are even higher. The Yankees certainly haven’t been frugal this winter, guaranteeing upwards of $570MM overall and pushing to second in 2023 spending. The crosstown Mets have proven thoroughly undeterred by the final tax tier, running a CBT payroll north of $360MM that’s easily the league’s highest.

A club’s competitive balance tax figure isn’t calculated until the end of a season. The Yankees could go above $293MM during the offseason while subsequently dipping below that threshold before year’s end. Alternatively, they could stick below the marker for now but reconsider going over at the summer trade deadline if they’re in contention as expected.

If that threshold is truly the line in the sand, trades would be the primary means of clearing additional breathing room. New York would surely welcome the opportunity to reallocate some of the $25MM CBT hit on the Josh Donaldson deal or the $10MM number of Hicks’ contract, but they’ve seemingly found little interest around the league. Players like Gleyber Torres or Isiah Kiner-Falefa would draw more interest if New York wanted to make them available, though doing so would obviously deal a hit to their infield depth. Starter Frankie Montas is making $7.5MM and may have been a potential trade target after the club added Rodón; that’d be tougher to do now that Montas is a couple months behind schedule because of continued shoulder troubles.

Adam Warren Announces Retirement

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Right-hander Adam Warren confirmed to Bryan Hoch of MLB.com yesterday that he’s retired as a player after spending parts of eight seasons in the Majors (Twitter link, with video, to Hoch’s interview with Warren). Warren, who was making an appearance at Yankees Fantasy Camp, told Hoch that he’s been enjoying time with his family but also misses being around the game and would be open to “maybe getting into some kind of coaching” role in the future.

“There’s no more attempt to come back or anything like that,” Warren replied upon being asked if he’s formally put an end to his playing career. “I’m happy with it. I had a great career — didn’t really leave anything out there, so no regrets. Totally happy with it.”

Originally signed by the Yankees as a fourth-round pick out of UNC back in 2009, Warren made his big league debut as a 23-year-old in 2012 — a spot start that proved to be his lone MLB appearance that season. He made the Opening Day roster the following year, however, and quickly established himself as a pivotal swingman providing quality, multi-inning relief out of then-manager Joe Girardi’s bullpen. Warren’s official rookie season resulted in 77 innings of 3.39 ERA ball; he made two starts, finished 11 games and picked up his first Major League win, save and hold along the way, foreshadowing the jack-of-all-trades approach to pitching that he’d embody throughout his career.

Warren worked as a setup man for the Yankees in 2014, tallying 23 holds and saving three games while pitching to a sharp 2.97 ERA in 78 2/3 innings. He stepped into the rotation for part of the 2015 season and did so almost seamlessly, starting 17 games (plus another 26 relief appearances) and working to a 3.29 ERA over the life of a career-high 131 2/3 frames. His early Yankees work caught the attention of the Cubs, who acquired him that offseason in a trade that sent Starlin Castro to the Bronx.

Warren’s time with the Cubs in 2016 went poorly and proved to be short-lived, as he was knocked around for a 5.91 ERA. As the trade deadline approached, the Cubs, then hoping to bolster the roster for a World Series push (an endeavor that ultimately proved successful) quickly traded Warren … back to the Yankees, as one of four players in a package that shipped Aroldis Chapman to Chicago. Warren almost immediately righted the ship in his return to the Bronx, and he went on to have strong performances with the Yankees in both 2017 and 2018 before being traded to the Mariners, where he had a nice finish to his 2018 campaign.

Upon reaching free agency, Warren signed with the Padres, but his time in San Diego was marred by injury. After just 25 appearances, the right-hander landed on the injured list with an arm issue that ultimately proved to be a ligament tear in his pitching elbow. He underwent Tommy John surgery that year, rehabbed in 2020 and eventually made his way back to the mound for a third stint with the Yankees organization — this time with their Triple-A affiliate in 2021.

Though Warren posted solid results in Scranton that season — 3.59 ERA in 57 2/3 innings — he didn’t receive a call to the big leagues. Warren told Hoch that “the velocity never came back like I wanted it to.” That season proved to be the final chapter in his playing career, as Warren didn’t suit up for the 2022 campaign and now, at 35 years old, doesn’t appear to be contemplating a comeback.

Warren’s career draws to an official close with a 3.53 ERA, a 20.9% strikeout rate, an 8.3% walk rate, a 30-24 record, 57 holds and six saves over the course of 492 1/3 innings. He pitched for four different big league clubs, but fans will surely remember him as a versatile, quietly excellent member of the Yankees’ pitching staff who found success in just about every role asked of him. Baseball-Reference pegs his career earnings at approximately $11.5MM, and if Warren indeed plans to pursue potential coaching opportunities, there’ll surely be chances for him to add to that tally in the next phase of his career.

Yankee fans will want to check out the entire clip of Hoch’s chat with Warren, as he talks briefly about his favorite moments in pinstripes and notes that with so many great teammates over the years, “it’s just nice to be remembered” by fans with whom he interacts. That humble mentality undersells the right-hander’s importance to the Yankees’ staff during his run with the club, and it seems quite safe to say that their fans in particular will have plenty of fond memories Warren’s time in the Bronx. Best wishes to Warren and his family in whatever’s next, and congratulations on a very fine career.

Details On 2022 Team Payrolls

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The Mets had the sport’s highest competitive balance tax payroll in 2022, reports Ronald Blum of the Associated Press. For CBT purposes, New York’s final tally checked in at $299.8MM. According to the report, that was around $2MM higher than the 2015 Dodgers’ $297.9MM mark that had stood as the previous spending record.

New York is responsible for a $30.8MM tax bill, the second-largest tally in the majors, after paying the tax for the first time in franchise history. The Dodgers will foot the highest tax payment at $32.4MM, Blum writes. While Los Angeles’ $293.3MM CBT payroll trailed that of the Mets, the Dodgers were subject to higher penalties as a payor for a second consecutive season.

The Mets are sure to shatter their own record this coming season, as they’re currently projected for a tax number north of $368MM. The Dodgers have trimmed spending, reportedly in hopes of resetting their tax status this year in preparation for a more active offseason next winter. They’re narrowly above the lowest CBT threshold at the moment. Roster Resource forecasts the Dodgers at approximately $238MM, around $5MM north of this year’s $233MM base threshold.

As the Associated Press first reported last September, six teams went over the CBT mark in 2022. Blum reports today the specifics of the payments owed by the Yankees ($9.7MM), Phillies ($2.9MM), Padres ($1.5MM as a second-time payor) and Red Sox ($1.2MM). The final three figures, in particular, are very modest expenditures relative to club payrolls. Nevertheless, the decision to narrowly surpass the threshold is significant in that it raises penalties for payments in future seasons and alters teams’ compensation for signing or losing qualified free agents. The Padres and Phillies surely don’t have regrets after each posted one of the best years in recent franchise history, but the decision didn’t translate to success in the Red Sox’s case. Blum writes that the tax money will be paid to MLB by the end of this week.

A team’s CBT number is determined by the average annual value of a club’s commitments plus player benefits and their contributions to the new bonus pool for pre-arbitration players. The CBT figure isn’t a match for an organization’s actual player payroll in a given season. Blum reports each club’s final raw payroll figure as well, with the Mets again fronting the pack at roughly $274.9MM. The Dodgers, Yankees, Phillies, Padres, Red Sox, White Sox, Braves, Astros and Blue Jays filled out the top ten.

On the other side, the A’s had the lowest payroll at approximately $49MM. The bottom 10 was rounded out by the Orioles, Pirates, Guardians, Marlins, Royals, Rays, D-Backs, Reds and Mariners. Full team data is available at the AP link.

David Phelps Announces Retirement

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Right-hander David Phelps is retiring, he announced this evening through his agents at Wasserman (Twitter link). Phelps thanked his former teammates, coaches, medical staff, agency and family as well as all the organizations for which he played in a lengthy statement.

A Notre Dame product, Phelps cracked the professional ranks a 14th-round selection of the Yankees in 2008. A few seasons of strong minor league performance garnered him some prospect attention as a potential back-end starter. He reached the big leagues for the first time in April 2012, kicking off a rookie season in which he’d post a 3.34 ERA through 99 2/3 innings. Phelps also pitched three times for New York that postseason, logging 3 1/3 innings in what would prove his only career playoff action.

Phelps started 11 of 33 outings for New York that year and held a similar swing role for the next couple seasons. For the first three seasons of his career, he’d toss 299 1/3 innings with the Yankees over 87 appearances (40 starts). He posted a cumulative 4.21 ERA while holding opponents to a .251/.330/.399 slash. Over the 2014-15 offseason, New York dealt Phelps and infielder Martín Prado to the Marlins for Nathan Eovaldi, Garrett Jones and then Low-A pitcher Domingo Germán, who’s still a Yankee more than eight years later.

During his first season with the Fish, Phelps remained primarily a rotation member. He started 19 of 23 outings, working to a 4.50 ERA. By his second season in South Florida, he’d moved almost exclusively to relief. That kicked off a second act as a generally reliable bullpen arm. Phelps posted a 2.28 ERA with a 32.4% strikeout percentage over 86 2/3 innings in 2016. After throwing another 47 frames with a 3.45 ERA in the next season’s first half, he changed organizations for a second time.

The Mariners acquired Phelps in a deadline deal that sent four prospects to Miami. Three of those players never reached the big leagues, but the Marlins’ acquisition of then High-A righty Pablo López turned out exceptionally well. The trade wasn’t especially successful for the Mariners, as Phelps pitched just 10 times before suffering an injury to his throwing elbow. He first underwent surgery to remove bone chips from the joint, then unfortunately required a Tommy John reconstruction that cost him the entire 2018 campaign.

Phelps hit free agency for the first time that offseason, landing with the Blue Jays on a buy-low $2.5MM pact. Once he returned to health, he proved a single middle-innings option for Toronto. Phelps performed well in 17 appearances before being traded to the Cubs at the deadline for Tom Hatch. He had a fine second half before again hitting free agency when Chicago declined a club option for 2020.

The past three seasons have seen the Missouri native continue to bounce around the league. He signed a one-year guarantee with Milwaukee going into 2020 and was dealt to the Phillies for a trio of minor league pitchers at the deadline. Phelps was hit hard in his limited time with Philadelphia, leading the club to decline an option. He returned to Toronto on a one-year deal over the offseason and got off to a brilliant start through mid-May.

Injuries again intervened, though, as Phelps suffered a rupture of his right lat. That required season-ending surgery, one which Phelps acknowledged he initially believed would end his career. He was fortunately able to rehab and got another shot on a minor league deal with Toronto last offseason. He cracked the MLB roster out of camp for what’d be his third season as a Blue Jay.

Phelps would conclude his career with a flourish. He stayed healthy all year, a significant accomplishment in its own right given the injury he’d suffered the season before. Phelps posted his best numbers since his Miami days, providing the Jays 63 2/3 innings of 2.83 ERA ball through 65 appearances. That’d quite likely have earned him another MLB contract this winter if he wanted to return for an 11th season. Phelps indicated he’d known by the end of last season he was finished playing, however.

He spent a decade and a half in the professional ranks, including the past 10 years at the MLB level. Over 682 2/3 career frames, he posted a 3.80 ERA while striking out 22.9% of opposing hitters. In addition to his 67 starts, he finished out 45 games (including seven saves). Phelps held 78 leads as a middle reliever or setup option, suiting up for seven organizations. Baseball Reference calculated his career earnings a hair above $15MM. MLBTR congratulates Phelps on a long and accomplished career and wishes him all the best in his post-playing days.

Notable International Signings: 1/15/2023

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Major League Baseball’s international signing period for 2023 has officially opened up today, with many of the big names signing almost immediately. Teams have long since agreed to verbal agreements with newly eligible teenage players, and today’s signings largely represent confirmation of what was anticipated. Still, it’s a day of no small moment, particularly for the young men embarking upon the start of their professional careers.

As previously mentioned, most of the agreements have been known for a while, with Baseball America’s Ben Badler and MLB.com’s Jesse Sanchez having listed each player’s expected landing spot. You can find each team’s total bonus pool and other information on the process right here. Here are a few key deals:

  • Ethan Salas, C, Venezuela — Padres ($5.6MM): Ranked as the top prospect by both Baseball America and MLB Pipeline, the 16-year-old is considered by MLB Pipeline as “one of the best catching prospects in recent history” and is lauded for his strike zone control, power, and defense. Scouts have specifically highlighted his swing and soft hands. Born in June 2006, the backstop is the youngest player in MLB Pipeline’s Top 10 International Prospect Rankings. The young switch-hitter is no stranger to high-level baseball, with his grandfather, father, and uncle all playing professionally, and his older brother Jose Salas signed by the Marlins in 2019. Salas’ $5.6MM deal will comprise almost all of the Padres’ base signing pool of $5.825,000.
  • Felnin Celesten, SS, Dominican Republic — Mariners ($4.7MM): MLB Pipeline’s second-best prospect and Baseball America’s third-best, Celesten has been heralded as having “the highest ceiling of any international shortstop prospect in a decade” by MLB Pipeline. Scouts have noted the switch-hitter’s plus speed, arm, and raw power. However, Baseball America reports that Celesten has “an aggressive approach” and “might need to become a more selective hitter.“
  • Brando Mayea, OF, Cuba — Yankees ($4.4MM): Baseball America’s second-best prospect and MLB Pipeline’s ninth-best, Mayea has drawn praise for his bat speed, power, and approach to the plate, with one scout going as far as to describe the 17-year-old as a “mini Gary Sheffield.” Scouts have praised the righty’s strong arm, with some expecting an eventual move to a corner outfield position.
  • Alfredo Duno, C, Venezuela — Reds (Unknown): MLB Pipeline’s fourth-best prospect and Baseball America’s seventh-best, Duno is a 17-year-old catcher that boasts three above-average tools — his fielding, arm, and power. Scouts have praised his “elite bat speed” and defensive ability. MLB Pipeline and Baseball America both predict that Duno will remain behind the plate, but both also cite his swing-and-miss tendencies as a result of his aggressive approach.
  • Emmanuel Bonilla, OF, Dominican Republic — Blue Jays ($4.1MM): Baseball America’s fourth-best prospect and MLB Pipeline’s seventh-best, Bonilla profiles as a slugging outfielder that has a chance to remain in centerfield but will likely move to a corner position as the 16-year-old matures. Scouts have praised the righty’s bat speed and swing, with Baseball America reporting that some scouts believe Bonilla has “one of the best combinations of hitting ability and power in the class.”
  • Luis Morales, RHP, Cuba — Athletics (Unknown): MLB Pipeline’s fifth-best prospect and Baseball America’s ninth-best, Morales is a hard-throwing righty with a fastball that sits between 94-97 MPH with a slider, changeup, and curveball as secondary pitches. Born in Cuba, Morales was considered the best U-18 pitcher on the island, setting a record for strikeouts (161) in 82 2/3 innings between 2019 and 2020. He defected in 2021 while playing for Cuba’s U-23 team in Mexico. Morales, 20, is one of the oldest high-profile international prospects and thus may be potentially fast-tracked through the A’s system.
  • Sebastian Walcott, SS, Bahamas — Rangers (Unknown): Baseball America’s sixth-best prospect and MLB Pipeline’s eighth-best, Walcott is a 6’3, 170 lbs (6’4, 190 lbs, per Baseball America) 16-year-old that has impressed scouts with high raw power and bat speed. Despite being 6’3, Walcott has drawn praise for his contact skills, hand-eye coordination, and his fluid swing. Baseball America projects that as Walcott matures, he will outgrow the shortstop position and transition to third base. 

Several other well-regarded prospects also secured bonuses of $2M or more, with the specifics provided by Sanchez:

  • Brailer Guerrero, OF, D.R., Rays ($3.7MM)     [MLB Pipeline #12, BA #5]
  • Jesus Caba, SS, D.R., Phillies ($3MM)                [MLB Pipeline #11, BA #8]
  • Ariel Castro, OF, Cuba, Twins ($2.5MM)            [MLB Pipeline #11, BA#13]
  • Rayner Arias, OF, D.R., Giants ($2.8MM)          [MLB Pipeline #15, BA #8]
  • Camilo Diaz, OF, D.R., Astros ($2.25MM)          [MLB Pipeline #17, BA #19]
  • Luis Almeyda, SS, D.R., Orioles ($2.3MM)        [MLB Pipeline #20, BA #17]
  • Roberto Calaz, OF, D.R., Rockies ($2.5MM)     [MLB Pipeline #24, BA #14]
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